[Latest] Timeline for GST Tax Return (Due Dates)

The government notified the timeline for GST returns recently. The government has announced the dates for the furnishing final returns for the months of July and August under GST regime.

In June, the GST Council chaired by Finance Minister, Arun Jaitley allowed more time to businesses for filing the GST return in final form as GST-1, GST-2 and GST-3 for the months of July and August. In its place they have to file return in the form of GST-3 B, which is a summary of all the three returns. This self-assessed tax liability summary consolidates the summary of outward supplies and input credit along with the amount of tax.

Timeline for GST Tax Return (Due Dates)

The final dates for filing the GST tax norms are notified by the Central Board of Exice and Customs (CBEC).

Now as per the latest notification, outward supplies in Form GSTR-1 for the month of July will have to be files between 1st to 5th September. In the same way GSTR-1 for August will have to be filed between 16th to 20th September. The original dates for the filing GSTR for the months of July and August were 10th August and September respectively.

GSTR-2 which includes the details of inward inputs, will have to be filed between 6th to 10th September for the month of July. For the month of August, the final dates of GSTR-2 are September 21-25.

The original dates for filing GSTR-2 for the month of July was 15 August and 15 September for the month of August.

The dates for filing GSTR-3 for the month of July and August are September 11-15 and September 26-30 respectively. GST-3 is the monthly finalised detail of outward supplies and input credits along with the amount of tax.

The original dates for filing GSTR-3 was 20th August for the month of July and 20th of September for the month of August.

The GST network portal has started the facility of filing online GST-3B return from August 5. The last date for filing the GSTR-3B for the month of July is August 20.

According to a statement released by Central Board of Excise and Customs (CBEC), over 71.30 lakh exice, VAT and service tax payers have migrated to GSTN portal and more than 15 lakh new assesses have been recorded.

Everyone knows that GST, which has subsumed over 17 different levies has kicked in from the 1st of last month. The government has categorized over 1211 different items under tax slabs of 0, 5, 12, 18 and 28%.